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Shares of Nikola Corp. (NKLA) slipped 7.66% to $2.53 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.09% to 11,024.51 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the stock's fourth consecutive day of losses. Nikola Corp. closed $9.61 below its 52-week high ($12.14), which the company achieved on December 27th.
The stock underperformed when compared to some of its competitors Monday, as Paccar Inc. (PCAR) rose 0.47% to $104.36 and Oshkosh Corp. (OSK) rose 0.30% to $92.46. Trading volume (15.6 M) eclipsed its 50-day average volume of 13.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 17:11 ET (22:11 GMT)
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